Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part of the Member’s membership interests to any Person at any time as collateral for any debt of the Member. The Member may make any such pledge under any terms and conditions that the Member deems appropriate.
Appears in 10 contracts
Samples: Operating Agreement (Climacool Corp.), Operating Agreement (Climacool Corp.), Operating Agreement (Climacool Corp.)
Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part of the Member’s membership interests rights to any Person person at any time as collateral for any debt of the Member. The Member may make any such pledge under any terms and conditions that the Member deems appropriate.
Appears in 8 contracts
Samples: Operating Agreement (Roanoke Electric Steel Corp), Operating Agreement (Roanoke Electric Steel Corp), Operating Agreement (Roanoke Electric Steel Corp)
Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part portion of the Member’s membership interests rights to any Person person or entity at any time as collateral for any of debt of the Member. The Member may make any such pledge under any terms and conditions that which the Member deems appropriate.
Appears in 2 contracts
Samples: Operating Agreement (Forida East Coast Railway L.L.C.), Operating Agreement (Forida East Coast Railway L.L.C.)
Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part of the Member’s membership interests rights to any Person person at any time as collateral for any debt of the Member. The Member may make any such pledge under any terms and conditions that which the Member deems appropriate.
Appears in 2 contracts
Samples: Operating Agreement (Young Touchstone Co), Operating Agreement (Indigent Care Services of Northeast Louisiana, Inc.)
Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part of the Member’s membership interests limited liability company interest in the Company to any Person person at any time as collateral for any debt of the Member. The Member may make any such pledge under subject to any terms and conditions that which the Member deems appropriate.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Engility Holdings, Inc.)
Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part of the Member’s membership interests rights to any Person at any time as collateral for any of debt of the Member. The Member may make any such pledge under any terms and conditions that which the Member deems appropriate.. The Member shall cease to be a member of the LLC only upon the Member’s dissolution and shall not cease to be a member for any other reason, including:
Appears in 1 contract
Samples: Operating Agreement (DG Retail, LLC)
Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part portion of the Member’s membership interests rights to any Person person at any time as collateral for any debt of the Member. The Member may make any such pledge under any terms and conditions that which the Member deems appropriate.
Appears in 1 contract
Samples: Operating Agreement (Kennedy-Wilson Properties (IL))
Pledges. The A Member shall have exclusive and absolute discretion to pledge all or any part of the such Member’s 's membership interests rights to any Person person at any time as collateral for any of debt of the Member. The A Member may make any such pledge under any terms and conditions that which the Member deems appropriate, provided however, that any such pledge shall require the consent of the other members, if any, which consent shall not be unreasonably withheld.
Appears in 1 contract
Samples: Contribution and Assignment Agreement (Ridgewood Electric Power Trust I)
Pledges. The Member shall have exclusive and absolute discretion to pledge all or any part portion of the Member’s membership interests rights to any Person person at any time as collateral for any of debt of the Member. The Member may make any such pledge under any terms and conditions that which the Member deems appropriate.
Appears in 1 contract
